Being self employed makes it hard for you to obtain car loan finance with a bank and you are often treated as an outcast.

Our low doc car loans help you solve these problems. We have access to lenders who offer a low doc car loan and the best interest rates in the market are available through Metro Loans.

No Financial Information

Quite often self employed/contractors do no have up to date taxation returns due to the time and expense it takes to prepare. At Metro Loans we offer a variety of loans where you can declare your own income - and not show us any tax returns. It doesn't get any easier than this. You tell us your income and we take your word for it. You are also allowed to have some bad credit issues such as court judgments, credit defaults, loan arrears and bankruptcy history. Doesn't sound like a bank does it?

Showing Low Income on Tax Returns

We don't know of any people who enjoy paying tax! As a result many self-employed people are able to reduce their taxable income with the effective (& legal) use of tax deductions. This is great as you don't have to pay much tax but terrible when you go for a loan. However at Metro Loans your can declare your income to us and forget about supplying tax returns!

As long as the amount you declare accurately represents your business income there will not be a problem. Even if you have bad credit issues or loan arrears we can still assist.

Product Features

General

No upfront application fees Quick approvals No Income Verification Assist clients who do not fit the bank's criteria Voluntary repayments allowed Maximum age of vehicle – 9 years

Loan details

Up to 5 Year loan terms

Interest Rates start from 12.50% per annum Monthly repayments [go to repayment calculator] Minimum Loan size $8,000

See also Leasing and Hire Purchase for business related transactions